Taktskifte på norsk sokkel Fra prototype til hyllevare. R. Rasmus Sunde 30 september, 2010

Transcription

1 Taktskifte på norsk sokkel Fra prototype til hyllevare R. Rasmus Sunde 30 september, 2010

2 FMC Technologies at a Glance Subsea Over 70% of FMC Technologies revenues An oilfield service and equipment company $4.4 billion revenue in ,800 employees worldwide 25 production facilities in 15 countries FORTUNE Magazine 2010 World s Most Admired Oil and Gas Equipment, Services Company 2

3 Current Trends (1) Increase Oil Recovery A Great Untapped Potential Increasing oil demand IOR subsea: Great untapped potential Due to operators lower income, declining production and current high cost of greenfield developments, key market trends are: Increased Oil Recovery defined as the application of technology that can improve recovery beyond what is expected with current plans and methods 1. Need for increased production from existing fields 2. Extended life-time for existing fields 3. OPEX reduction on existing production 4. Increased environmental friendliness 3

4 Million BOEPD Current Trends (2) Stronger Focus on Increased Recovery Subsea Fields Production Profile Post Peak Annual Field Decline Rates 15-18% 9-11% 5-7% Source: CERA, Douglas Westwood Source: Cambridge Energy Research Associates (CERA); Jan

5 Key Customer Feedback (2) Customers Firming up their IOR Strategies 4D Seismics Downhole Monitoring Production optimization Flow assurance Production Logging Tracers Production Monitoring 25% Production Pressure Maintenance 35% Water Injection Pumping/Boosting Compression Separation Rigless Intervention Efficient well work-over Lower Cost Interventions 18% Lower Cost Drainage 22% In-fill drilling Multi-lateral wells Extended reach wells Fracing Through Tubing Side Track Drilling 5

6 Key Customer Feedback (2) Main Drivers for Cost Reduction Standardization 35% Process 15 % Technology 50 % Technology: Lighter, smaller Fewer parts Less complex Configurability Eliminate Standardization: Design Material Quality Requirements Documentation Process: Execution Model Customer Interaction Portfolio Management Supplier Relationships Manufacturing

7 Subsea Processing Significant Market Potential 2009 Market $0.5 B 2014 Market $3.0 B Compression 12 % Boosting 43% Separation 57 % 6x Boosting 46 % Separation 42 % Source: Douglas-Westwood 7

8 Aftermarket Services Growth driven by Growing and Aging Installed Subsea Base Number of Producing Subsea Wells Producing Subsea Wells (Year-end 2009) (Average age of wells in years) 1432 (9.5) (5.8) 763 (9.2) 693 (4.7) 257 (5.4) Source: Quest Offshore Resources Inc. 2009Q3 Last revision: BJ - 2 March 2010 Source: Quest 8

9 FMC Response (1) Subsea Technology Vision FMC shall enable our customers to develop and operate Subsea fields reliably, safely, and economically including full Subsea developments...while enhancing reservoir recovery 9

10 FMC Response (2) FMC s Technology Priorities Production Systems Processing Systems Aftermarket Services Trees Wellheads Manifolds/Tie-ins Controls Separation Boosting Compression Power Transmission Well Access Systems Light Well Intervention Through Tubing Sidetrack Drilling Advanced Production Optimization Services Development of New Fields (Overcoming Development Barriers) Accelerated Production and Increased Recovery 10

11 FMC Case 1: Subsea Processing Covering a Range of Technologies Statoil Tordis Total Pazflor Petrobras Marlim Boosting First Stage Separation Deepwater & Heavy Oil Separation Secondary Separation Gas Compression 11

12 FMC Case 2: Aftermarket Services Supporting IOR Customer Needs and FMC Offerings Customer Needs Conventional Well Intervention Through Tubing Sidetrack Drilling Light Well Interventions Operations Support FMC Service Offerings Workover Riser Systems Subsea Stack Landing Strings Slim Bore Drilling Riser System Subsea Stack ROV s Riser-less Light Well Intervention Subsea Package ROV s Production Optimization Condition Performance Monitoring ROV s 12

13 IOR Recognition NPD IOR Award / ONS Innovation Award The award is specifically given for a well control system applied on the Åsgard field. Together with the operator Statoil, FMC developed and tested the Through Tubing Sidetrack Drilling technology in the P- 4H well on the field last year, drilling the world s longest sidetrack ever from a floating rig. (NPD s Director General Bente Nyland ) 13

14 FMC Case 3: Subsea OnDemand Reduced Costs OnDemand: designed to deliver FMC Standardized System Solutions and Equipment within 6 months enable Customers to get production and revenue faster than through normal project development The key to short delivery time: Pre-engineered, standardized building blocks Stocking of materials, components and subassemblies Availability of rental tools Standardized processes, systems and organization to efficiently quote and execute orders

15 Taktskifte norsk sokkel fra protype til hyllevare Summing Up Status Trend Effect Good progress is made in increasing oil production in subsea wells Further improvement can be made provided Successful deepwater experience is gained Cost reduction on development is achieved Light well intervention is further expanded to deeper waters Subsea processing (separation, boosting, compression, power transmission) is taken to it full potential Integrated operations and more use of simulation tools Continued close cooperation operators and the supplier industry Huge amount of additional reserves can be produced 15

16 FMC s Technology Strategy: A Key Enabler for Increased Oil Recovery 16